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Cynthia Stafford's Home In Foreclosure and Bentley For Sale

Topic closed. 142 replies. Last post 4 months ago by helpmewin.

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hearsetrax's avatar - 0118

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Posted: May 23, 2016, 4:06 pm - IP Logged

such is life and serves her right

    LiveInGreenBay's avatar - driver
    Green Bay
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    Posted: May 23, 2016, 4:08 pm - IP Logged

    Considering all the traveling celebrities must do for filming and product marketing, it would make almost no sense to buy a property they don't want. They want comfort, peace and security while there and will pay for accommodations that meet their requirements. Then they leave. I see no difference between that someone chartering a jet for $20k as opposed to either buying a $20 million jet or traveling commercial. Why deal with the headaches of commercial travel when you don't have to, but why blow millions on a jet you don't need or want permanently. 

    As for Kanye, so far all I've seen is that he posted about being in debt. Until a celebrity actually files for bankruptcy protection, I'm not going to buy into them being broke. I remember Michael Jackson saying he was broke, yet when he died he left a multi-million dollar estate. Regular people broke and celebrity broke aren't necessarily the same thing.

    As Chris Rock said, Bill Gates would probably kill himself if he woke up with Oprah Winfrey's money. Different degrees of wealth; different degrees of broke.

    Like that Chris Rock quote...However, I don't think Oprah's money would bother him.  Now, if he woke up looking like Oprah...

    Never give up.  Banana

      Drenick1's avatar - villiarna
      USA
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      Posted: May 23, 2016, 5:09 pm - IP Logged

      THAT is my question, how but more importantly why?   For me there would be no mortgage, property taxes would be paid years in advance AND NO HOA MONTHLY FEES, what a total waste of money that is.  You can provide your own gated and secured property.

      My question is what happened to the user husband?  Is he gone along with that million dollar bugatti?  Nice wedding gift he got and I am not speaking of Cynthia, he saw her as his meal ticket and used her.

      I agree that anyone who has the kind of wealth that Cynthia Stafford had should not have had a mortgage. From what I remember her home was $2.9million. I would not advocate paying property taxes years in advance but instead opening up a separate trust account that would fulfill the yearly obligation.

      HOA monthly dues can get pricey especially if the neighborhood offer high end perks such as security, clubhouse, pools/tennis courts/playgrounds and so forth. You do sign away certain rights when joining an HOA and that can be interpreted in both a negative or positive light. Having your own compound with a large amount of land can be real nice and private but some people would prefer the amenities of a nice, well kept community so that they don't totally isolate themselves from civilization.

        lejardin's avatar - Lottery-014.jpg

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        Posted: May 23, 2016, 10:31 pm - IP Logged

        There's no News like Old News...

        Hmmmm old news? Like the story you posted?

        Published: 16:26 EST, 1 February 2016 | Updated: 04:27 EST, 2 February 2016

        And old news you never heard about?

          lejardin's avatar - Lottery-014.jpg

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          Posted: May 23, 2016, 10:40 pm - IP Logged

          Drenick1, trust account for the property taxes is an excellent idea.  And you are correct, not every one wants to be a hermit such as myself!  THIS civilization is specifically what I want to be isolated from. 

            I'll just get my Lurkingand watch the world pass me by. Cheers

            rcbbuckeye's avatar - Lottery-043.jpg
            Texas
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            Posted: May 24, 2016, 8:15 am - IP Logged

            Drenick1, trust account for the property taxes is an excellent idea.  And you are correct, not every one wants to be a hermit such as myself!  THIS civilization is specifically what I want to be isolated from. 

              I'll just get my Lurkingand watch the world pass me by. Cheers

            That's my plan, I just have to get my wife on board with it. LOL.

            CAN'T WIN IF YOU'RE NOT IN

            A DOLLAR AND A DREAM (OR $2)

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              Posted: May 24, 2016, 12:37 pm - IP Logged

              Where did you read this info about her home is in foreclosure and her Bentley ' s for sale ?

                lejardin's avatar - Lottery-014.jpg

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                Posted: May 24, 2016, 5:44 pm - IP Logged

                That's my plan, I just have to get my wife on board with it. LOL.

                Good Luck with that RCB!  There aren't a lot that think like us lol.

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                  Posted: May 24, 2016, 8:40 pm - IP Logged

                  I agree that anyone who has the kind of wealth that Cynthia Stafford had should not have had a mortgage. From what I remember her home was $2.9million. I would not advocate paying property taxes years in advance but instead opening up a separate trust account that would fulfill the yearly obligation.

                  HOA monthly dues can get pricey especially if the neighborhood offer high end perks such as security, clubhouse, pools/tennis courts/playgrounds and so forth. You do sign away certain rights when joining an HOA and that can be interpreted in both a negative or positive light. Having your own compound with a large amount of land can be real nice and private but some people would prefer the amenities of a nice, well kept community so that they don't totally isolate themselves from civilization.

                  Yeah she was living in the Pacific Palace design from what I remember I'm sure there were some super hefty taxes and H.O.A she with that as well...If I only had 22 million I doubt I'd buy a house in a pricey property tax area for 2.9 million. 

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                    Posted: May 24, 2016, 8:41 pm - IP Logged

                    Whoever posted this thread is way behind the times. ABC News posted in January 2016 she filed for bankruptcy. Her Bentley is not for sale. It was already sold months ago. Check youtube where the NEW owner is showing it off.

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                      LA Ca.
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                      Posted: May 25, 2016, 12:12 am - IP Logged

                      I work in aviation. When the show about her first aired & we saw her "shopping for a jet" she was looking at stuff that was well out of her price range. She would have been broke that week.


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                        Posted: May 25, 2016, 10:57 am - IP Logged

                        Yeah, $67 million before taxes is NOT that much!

                        Jets and Bentleys are expensive toys for BILLIONAIRES not millionaires.

                        Realistically, if you only have around $50 million after taxes to work with, a $75,000 car and a $750,000 home is more within your means.  You can get NICE things at those price points too.  Spend much more than that and you'll end up like Cynthia.

                        I don't know why lottery winners think they can not just keep up with the Jones's, but keep up with Justin Bieber, Arab oil sheiks, and Russian oligarchs.

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                          Posted: May 25, 2016, 1:04 pm - IP Logged

                          I always thought Cynthia's story was so interesting.

                           

                          Now the thing is... if she bought the ticket, why did she give a chunk to her brother and her dad?

                          Why didnt she just give them $1million each?  wouldnt that have been enough?

                           

                          and in interviews inititally she said she had a good financial advisor, and in later ones blames her missing $$$ on bad investments.

                           

                          I wonder what she really did with all the $$$.

                           

                          In reality she is SO LUCKY to have hit the jack pot.   I loved her segment on 20/20 in Jan as part of the Powerball Hangover special

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                            Posted: May 25, 2016, 2:15 pm - IP Logged

                            I always thought Cynthia's story was so interesting.

                             

                            Now the thing is... if she bought the ticket, why did she give a chunk to her brother and her dad?

                            Why didnt she just give them $1million each?  wouldnt that have been enough?

                             

                            and in interviews inititally she said she had a good financial advisor, and in later ones blames her missing $$$ on bad investments.

                             

                            I wonder what she really did with all the $$$.

                             

                            In reality she is SO LUCKY to have hit the jack pot.   I loved her segment on 20/20 in Jan as part of the Powerball Hangover special

                            She said she always like to help others. Splinting the money with her family then donating a million to Geffen house. Along with bad investments in the stock market, people stealing from her, expensive purchases..... it's no surprise she having money trouble now.

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                              Posted: May 25, 2016, 5:29 pm - IP Logged

                              She probably would have STILL blew the cash if she only gave them a million each.  Speaking of I wonder if the dad and brother still have money too or are they broke as her now too...Lol she had a purse that was 37k...insane 

                                 
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